Society Of St Vincent De Paul Council Of Seattle-King County
- Assets
- $21.5m
- Revenue
- $18.5m
- Investments
- $0.0
- Employees
- 129
- Location
- Seattle, WA
- Founding
- 02/2007
- Data as of
- 09/2021
- EIN
- 91-0583891
Organization Overview
Society Of St Vincent De Paul Council Of Seattle-King County is located in Seattle, WA. The organization was established in 2007. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., under the broad grouping of Human Services and related organizations. As of 09/2023, Society Of St Vincent DE Paul Council Of Seattle-King County employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of St Vincent DE Paul Council Of Seattle-King County is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Society Of St Vincent DE Paul Council Of Seattle-King County generated $18.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $16.8m during the year ending 09/2021. While expenses have increased by 6.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MAIN PURPOSE OF THE SOCIETY IS TO HELP SUPPORT INDIVIDUALS AND FAMILIES IN SPIRITUAL OR FINANCIAL NEED. THE SOCIETY HELPS WITH THE BASIC NEEDS OF THOSE IN IMPOVERISHED CIRCUMSTANCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STORES: THIS PROGRAM PROVIDES ENTRY LEVEL EMPLOYMENT AND TRAINING FOR INDIVIDUALS AND AFFORDABLE CLOTHING FOR LOW-INCOME FAMILIES AND SUPPORTS OUR "CONFERENCES WORK" PROGRAM.
CONFERENCES WORK: THIS PROGRAM HELPS SUPPORT INDIVIDUALS AND FAMILIES WITH ACCOMPANIMENT OR FINANCIAL NEED. THE SOCIETY HELPS WITH CLOTHING AND OTHER BASIC NEEDS OF ANYONE IN IMPOVERISHED CIRCUMSTANCES. IN ADDITION, THE SOCIETY HELPS WITH THE PREVENTION OF EVICTIONS, HUNGER, AND UTILITY SHUT OFF. THIS PROGRAM INVOLVES PERSONAL VISITS TO THE PERSON IN NEED. MOST OF THE RESOURCES ARE SUBSIDIZED BY THE CONFERENCES FUNDRAISING EFFORTS. THE OUTREACH VOLUNTEER NEIGHBORHOOD VOLUNTEER GROUP PROVIDED ASSISTANCE IN CASH VALUED AT $3.1 MILLION AND IN-KIND OF $620,000 - VOLUNTEERS LOGGED 19,908 HOME VISITS AND HELPED OVER 37,000 INDIVIDUALS.
FOOD AND CLOTHING BANK: THE FOODBANK RESPONDED TO MORE THAN 29,000 FOOD AND CLOTHING ASSISTANCE REQUESTS. IT ALSO PROVIDES HEALTH SCREENINGS AND A COMMUNITY CONNECTORS PROGRAM TO OTHER AGENCIES AND TO CASE MANAGEMENT SERVICES. THE FOODBANK DISTRIBUTED FOOD VALUED AT MORE THAN $875,000 IN THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adelfa Moreno President | OfficerTrustee | 5 | $0 |
Ed Sarausad At Large | Trustee | 5 | $0 |
Sarah Bee Treasurer | OfficerTrustee | 5 | $0 |
Mary Kay Snedden Northeast Seattle | Trustee | 3 | $0 |
Paul Litwin Northwest Seattle | Trustee | 3 | $0 |
Dennis Cook Central Seattle | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,394,911 |
| Investment income | $4,382 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $994,642 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$11,744 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,470,665 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $10,390,137 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,514,788 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $271,686 |
| Payroll taxes | $394,785 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,799 |
| Fees for services: Accounting | $68,635 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $174,893 |
| Advertising and promotion | $91,666 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $59,471 |
| Travel | $15,729 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $408,998 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $343,100 |
| Insurance | $116,880 |
| All other expenses | $0 |
| Total functional expenses | $16,755,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,477,602 |
| Savings and temporary cash investments | $1,013,144 |
| Pledges and grants receivable | $770,977 |
| Accounts receivable, net | $184,090 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $81,683 |
| Prepaid expenses and deferred charges | $189,396 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $218,759 |
| Total assets | $21,469,117 |
| Accounts payable and accrued expenses | $524,667 |
| Grants payable | $0 |
| Deferred revenue | $278,410 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,077,375 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $144,311 |
| Total liabilities | $8,024,763 |
| Net assets without donor restrictions | $12,882,344 |
| Net assets with donor restrictions | $562,010 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $13,444,354 |